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Financial Management Issues of The New Millennium

This document discusses two major financial management issues for corporations in the new millennium: the effect of changing technology and the globalization of business. It provides data showing that for 10 well-known corporations in 2001, a significant percentage of their revenue and net income came from overseas operations, demonstrating their increasing reliance on global business as financial management adapts to worldwide markets.

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Wawex Davis
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553 views

Financial Management Issues of The New Millennium

This document discusses two major financial management issues for corporations in the new millennium: the effect of changing technology and the globalization of business. It provides data showing that for 10 well-known corporations in 2001, a significant percentage of their revenue and net income came from overseas operations, demonstrating their increasing reliance on global business as financial management adapts to worldwide markets.

Uploaded by

Wawex Davis
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Financial Management Issues of the New

Millennium
• The effect of
changing technology
• The globalization of
business
Percentage of Revenue and Net Income from Overseas
Operations for 10 Well-Known Corporations, 2001
Company % of Revenue % of Net Income
from overseas from overseas
Coca-Cola 60.8 35.9
Exxon Mobil 69.4 60.2
General Electric 32.6 25.2
General Motors 26.1 60.6
IBM 57.9 48.4
JP Morgan Chase & Co. 35.5 51.7
McDonald’s 63.1 61.7
Merck 18.3 58.1
3M 52.9 47.0
Sears, Roebuck 10.5 7.8

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